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Prospecting    Rod Nafziger  September 28, 2011 Prepared by Terry Bentley MVP for Columbus, Indianapolis Louisville Market Place
Prospecting Quiz  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is Prospecting? ,[object Object]
Sales Definition ,[object Object],What It Really Means Prospecting is simply discarding all the unqualified leads and retaining the "gold". The job of prospecting is to find qualified leads that may buy your product   What It is not Sales………….completely separate activity!
Why Do We Hate to Prospect? Feels invasive No control Low success  rate Nothing to say It’s exhausting
Survey Results—Sellers 63% said it was the one thing they most disliked about sales 36% said they seldom if ever do it <3% said they found prospecting to be productive 88% said they are expected to prospect for new business
Survey Results—Buyers 91% said they NEVER respond to unsolicited inquiry from sellers 71% said they found cold calls annoying 88% said the one thing they most disliked about cold calls was that they had nothing to do with their issues or problems 94% said they could not remember a single prospector or message they had received in the last two years
Current Trends Don’t Bode Well Email/Voicemail Buyers Don’t Respond to Calls It Takes 6 Touches! Buying Done by Invitation Buyers Have More Info
So Why Bother? “ If Marketing would do THEIR job, OUR phone would ring!” — salespeople worldwide ,[object Object],[object Object]
Sample Statistics for prospecting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sales goal of $1,000,000 of new business
Effective Prospecting includes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What Does Great Prospecting Look Like? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Prospecting vehicles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How Can That Be Done? ,[object Object],[object Object],[object Object],[object Object]
Putting It Together: The  RIMS  Model R esearch  I mpact M essage S ales Cycle -  targeting   -  insight   -  targeting   -  connection
Research (targeting) ,[object Object],[object Object],[object Object],[object Object],R IMS
Research (targeting) ,[object Object],[object Object],R IMS
Impact (insight) ,[object Object],[object Object],R I MS
Message (connection) ,[object Object],[object Object],[object Object],RI M S
Good Messaging vs. Bad ,[object Object],[object Object],[object Object],[object Object],RI M S A good message is:
Four Types of Prospecting Messages Problems, Implications Facts Buyer Focused Differentiated Commoditized Provocative Credentialed Seller Focused RI M S
Four Types of Prospecting Messages Problems, Implications Facts Buyer Focused Commoditized Seller Focused RI M S
Message Example 1 ,[object Object],RI M S
Four Types of Prospecting Messages Problems, Implications Facts Buyer Focused Differentiated Seller Focused RI M S
Message Example 2 ,[object Object],RI M S
Four Types of Prospecting Messages Problems, Implications Facts Buyer Focused Credentialed Seller Focused RI M S
Message Example 3 ,[object Object],RI M S
Four Types of Prospecting Messages Problems, Implications Facts Buyer Focused Provocative Seller Focused RI M S
Message Example 4 ,[object Object],RI M S
Sales Cycle ,[object Object],[object Object],[object Object],[object Object],RIM S
Conclusion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Prospect well or fail to prosper!
Next Steps – Prepare Prospecting Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Prospect well or fail to prosper!
Prospecting  Thank You

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Prospecting Presentation Km

  • 1. Prospecting Rod Nafziger September 28, 2011 Prepared by Terry Bentley MVP for Columbus, Indianapolis Louisville Market Place
  • 2.
  • 3.
  • 4.
  • 5. Why Do We Hate to Prospect? Feels invasive No control Low success rate Nothing to say It’s exhausting
  • 6. Survey Results—Sellers 63% said it was the one thing they most disliked about sales 36% said they seldom if ever do it <3% said they found prospecting to be productive 88% said they are expected to prospect for new business
  • 7. Survey Results—Buyers 91% said they NEVER respond to unsolicited inquiry from sellers 71% said they found cold calls annoying 88% said the one thing they most disliked about cold calls was that they had nothing to do with their issues or problems 94% said they could not remember a single prospector or message they had received in the last two years
  • 8. Current Trends Don’t Bode Well Email/Voicemail Buyers Don’t Respond to Calls It Takes 6 Touches! Buying Done by Invitation Buyers Have More Info
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15. Putting It Together: The RIMS Model R esearch I mpact M essage S ales Cycle - targeting - insight - targeting - connection
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21. Four Types of Prospecting Messages Problems, Implications Facts Buyer Focused Differentiated Commoditized Provocative Credentialed Seller Focused RI M S
  • 22. Four Types of Prospecting Messages Problems, Implications Facts Buyer Focused Commoditized Seller Focused RI M S
  • 23.
  • 24. Four Types of Prospecting Messages Problems, Implications Facts Buyer Focused Differentiated Seller Focused RI M S
  • 25.
  • 26. Four Types of Prospecting Messages Problems, Implications Facts Buyer Focused Credentialed Seller Focused RI M S
  • 27.
  • 28. Four Types of Prospecting Messages Problems, Implications Facts Buyer Focused Provocative Seller Focused RI M S
  • 29.
  • 30.
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  • 32.